Rise in most of the Asian stocks after the interlaced US data

Economies.com
2016-10-18 02:07AM UTC

Asian stock indices witnessed a rise in mostly during Tuesday's trading, after manufacturing data from the US economy released to witness a considerable overlap which affected the investors' expectations about the future of the US interest rates to affect the Asian stock movements today.

 

 

The MSCI Asia Pacific Index rose 0.1%, while Japanese stocks were slightly higher after a negative start as a result of a strong yen against the dollar for the second day in a row which adversely affect the performance of shares of export companies.

 

 

Japanese stocks rose in today's trading, the broader Topix index in Japan rose 0.03% to witness adding 0.27 points up to 1,048.48 level, while for the Nikkei main 225 Japanese shares rose 0.14% to win 23.50 points, up to the level of 16,923.62

 

 

Chinese stock indices witnessed a decline during trading today as CSI 300 Index saw a decline of 0.13% to deduct 4.31 points and reach 3,273.57 level, as the Shanghai index fell 0.10% to lose 3.13 points reaching 3,038.04 level.

 

 

While the Hang Seng index of Hong Kong shares rose 0.71% to witness adding 162.42 points reaching 23,199.96 level, as the Kospi index of South Korean shares rose 0.41% to win 6.86 points up to 1,666.80 level.

 

 

As for the index NZX 50 of New Zealand shares fell 1.25% to deduct 88.49 points reaching 6,977.88 level, on the other hand S & P / ASX 200 index of Australian shares rose 0.48% to win 26.02 points and reach 5,414.70 level.

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